NO CHANGE ON WALL-STREET=MORE PROBLEMS TO COME


	NO CHANGE ON WALL-STREET=MORE PROBLEMS TO COME

klippety

9-12-2009 9:48 AM

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klippety says:

The refusal to sign on with Europe for stronger regulation of the financial markets, America and England are set to screw the world again. The House and the Senate have no backbone and think Americans are stupid.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/e635a495-cfb1-47d9-933a-efde90f80337/7CFA9E65-B7B2-4240-B878-2CA1D05FA279/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.nytimes.com/2009/09/12/business/12change.html?_r=1&th&emc=th#" href="http://www.nytimes.com/2009/09/12/business/12change.html?_r=1&th&emc=th#" style="font-size: 11px;">www.nytimes.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2009/09/12/business/12change.html?_r=1&th&emc=th#"><H1>
<NYT_HEADLINE type=" " version="1.0">
A Year After a Cataclysm, Little Change on Wall St.
</NYT_HEADLINE>
</H1></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2009/09/12/business/12change.html?_r=1&th&emc=th#"><div align="center"><img src="http://content6.clipmarks.com/blog_cache/www.nytimes.com/img/5B2F4DDD-84AC-4B5B-B104-37F5763753FE" alt="" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2009/09/12/business/12change.html?_r=1&th&emc=th#">One year after the collapse of <A title="More articles about Lehman Brothers." href="http://topics.nytimes.com/top/news/business/companies/lehman_brothers_holdings_inc/index.html?inline=nyt-org">Lehman Brothers</A>, the surprise is not how much has changed in the financial industry, but how little.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2009/09/12/business/12change.html?_r=1&th&emc=th#">Backstopped by huge federal guarantees, the biggest banks have restructured only around the edges. Employment in the industry has fallen just 8 percent since last September. Only a handful of big hedge funds have closed. Pay is already returning to precrash levels, topped by the 30,000 employees of <A title="More information about Goldman Sachs Group Incorporated" href="http://topics.nytimes.com/top/news/business/companies/goldman_sachs_group_inc/index.html?inline=nyt-org">Goldman Sachs</A>, who are on track to earn an average of $700,000  this year. Nor are major pay cuts likely, according to a report last week from <A title="More information about Morgan, J. P., Chase & Company" href="http://topics.nytimes.com/top/news/business/companies/morgan_j_p_chase_and_company/index.html?inline=nyt-org">J.P. Morgan</A> Securities. Executives at most big banks have kept their jobs. Financial <A title="More articles about stocks and bonds." href="http://topics.nytimes.com/your-money/investments/stocks-and-bonds/index.html?inline=nyt-classifier">stocks</A> have soared since their winter lows.</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/7CFA9E65-B7B2-4240-B878-2CA1D05FA279/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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